First Women-led Startup in Pakistan BeautyHooked Secures Seed Funding of $280k
Beauty salons online platform to connect women with beauty services and online booking is now easy by this new startup called BeautyHooked. It is founded by a talented female entrepreneur Sahr Said. She has secured a seed round from Fatima Ventures, a local seed-stage fund supported by Fatima Group. The seed fund amounts to $280,000. It is the first time ever achievement in Pakistan by a women-led startup.
Founded in 2015, BeautyHooked have seen ups and down since launch. They are catering only in Lahore for now. The beautyHooked team is made up of Sahr Said who is the leader of the company, Sidra Talha, the head of operations and Abdullah Ahmed who has developed the entire technology of the company. After being winner at Startup Weekend Lahore, the startup was offered incubation at LUMS Center for Entrepreneurship.
Sahr got lot of help and inspiration from Startup Weekend Lahore held at LUMS Center for Entrepreneurship. LCE also give her some ideas to kickstart her idea with complete startup. She thanked to LCE because she is what at this level today only because of LCE programs. Sahr Said as Founder and CEO of BeautyHooked said, “We had investment offers from multiple investors but we went with Fatima Ventures because their strategic goals aligned with ours.”
BeautyHooked being the first women-led startup to raise seed investment, Sahr commented that her vision is to empower women and while she did not have an example before her, she aims to be the morning star for others. BeautyHooked have plans to expand to other cities of Pakistan. They are expected to gain interest in Qatari-corporate business circle for expansion in the Middle East.
BeautyHooked is an ecommerce platform that allows women to find, book and review beauty appointments at salons and spas. It acts as an aggregator between customers and beauty businesses, allowing them to search and book best beauty services 24/7.
The company was founded by Sahr Said in 2015 and was a part of the third cohort of The Foundation at LUMS Center for Entrepreneurship. You can know more about BeautyHooked from their website: beautyhooked.com and Facebook.
About LUMS Center for Entrepreneurship
LUMS Center for Entrepreneurship (LCE) is Pakistan’s most comprehensive experiential development platform for budding entrepreneurs that formalizes the process of scouting, grooming and facilitating passionate startup founders.
Gust and Fundacity recently rated LCE the #1 accelerator in Pakistan and #11 in Asia. Since its inception in May 2014, LCE has mentored over 130 entrepreneurs who have created over 400 direct jobs and provided better economic and livelihood opportunities for thousands more.
LCE graduates have already generated PKR 200 Million in revenues and are valued at PKR 1.5 Billion backed by approximately PKR 150 Million in investment capital by local and foreign investors. More about LCE at: lce.lums.edu.pk and Facebook and Twitter